Retractable Technologies Files 8-K for Unspecified 'Other Event'

Ticker: RVP · Form: 8-K · Filed: Feb 16, 2024 · CIK: 946563

Retractable Technologies Inc 8-K Filing Summary
FieldDetail
CompanyRetractable Technologies Inc (RVP)
Form Type8-K
Filed DateFeb 16, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: 8-K, other-event, corporate-filing

TL;DR

**Retractable Technologies filed an 8-K for an 'Other Event' on Feb 5, but gave no details, leaving investors in the dark.**

AI Summary

Retractable Technologies, Inc. filed an 8-K on February 16, 2024, reporting an 'Other Event' that occurred on February 5, 2024. The filing indicates no specific financial transactions or changes in leadership, but rather a general update on an unspecified 'Other Event'. The company, based in Little Elm, Texas, operates in the surgical and medical instruments sector.

Why It Matters

This filing signals an event that Retractable Technologies deems important enough to report to the SEC, but without specific details, investors are left without clear information regarding its potential impact on the company's operations or financial health.

Risk Assessment

Risk Level: medium — The lack of specific information regarding the 'Other Event' creates uncertainty and potential risk for investors.

Key Players & Entities

  • Retractable Technologies, Inc. (company) — Registrant
  • February 5, 2024 (date) — Date of earliest event reported
  • February 16, 2024 (date) — Filed as of date
  • Little Elm, Texas (company) — Company headquarters
  • 001-16465 (company) — SEC File Number

FAQ

What was the specific 'Other Event' reported by Retractable Technologies, Inc.?

The filing does not specify the nature of the 'Other Event'; it only states that an 'Other Event' occurred on February 5, 2024.

When was the 8-K filed by Retractable Technologies, Inc.?

The 8-K was filed on February 16, 2024.

What is the business address of Retractable Technologies, Inc.?

The business address is 511 Lobo Lane, Little Elm, Texas 75068-5295.

What is the telephone number for Retractable Technologies, Inc.?

The telephone number is (972) 294-1010.

What is the SEC File Number for Retractable Technologies, Inc.?

The SEC File Number is 001-16465.

Filing Stats: 521 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-02-16 17:10:29

Filing Documents

01 Other Events

Item 8.01 Other Events. On February 5, 2024, the Company initiated a voluntary recall of its EasyPoint Needle lot number K220402 which was shipped within the U.S. between July 20, 2022, and September 20, 2023. The Company shipped 477,600 units of the products into the market and is working with customers and distributors to determine how many of the units remain unused and subject to the recall. The recall is due to the possible detachment of the needle cannula from the needle holder, which could result in serious injury. The Company has advised its customers and distributors to review their inventory for the affected products, segregate and quarantine the affected products, discontinue any distribution of the affected products, inform all personnel not to use the affected products, and report and return remaining inventory to the Company. The Company submitted a Removal Report with the U.S. Food and Drug Administration on February 9, 2024, and will continue to work with it in connection with the recall.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DATE: February 16, 2024 RETRACTABLE TECHNOLOGIES, INC. (Registrant) BY: /s/ JOHN W. FORT III JOHN W. FORT III VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND CHIEF ACCOUNTING OFFICER

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